Member Info for southcoastbather

It's been a lovely trim down fantasy high street today lol.... Sadly that's all it is.

Kallu - as soon as the highstreet companies pay off their dept?!?! lol..... Those companies are up the creek woth out a paddle son.... Administration will be their way out

"The thing is you can be absolutely sure that Kallu would have been saying this about Boohoo in 2017, 2018, 2019 and 2020. You are basing your prediction of growth slowing/stalling on very little and many have been betting against them all that time - up until now they have proved all doubters wrong"

I've seen it every year since it was listed lol!! And it's always kept growing....

Trailing is the most accurate.... Sales haven't changed dramatically. Still forecast over 20 percent growth this year.

Anyone saying anything else is full of it.

The pe here is very low.

Are you working on a trailing pe ratio or forward looking?

A pe ratio should always be gauged over a full year also

Pleqse show me the sums for the pe of 28?

*pre Internet

Wyyndrum everything you talk if is ore internet.... Things are never going back.

"When Sir Philip Green bought Arcadia, the retail group behind brands such as Topshop and Wallis, for £850m in 2002 he was already known as the king of the UK high street. Green made his fortune by breaking up Sears, the group which once owned the Freemans catalogue and Miss Selfridge, before buying BHS in 2000"

"Sir Philip Green's Arcadia Group has collapsed into administration, putting 13,000 jobs at risk as the retail tycoon's high street career ends in failure. The owner of household names including Topshop, Topman, Miss Selfridge, Dorothy Perkins, Evans and Burton appointed administrators from Deloitte on Monday"

"The retail group behind the Topshop and Dorothy Perkins brands buckled in November after years of under-performance and high costs were aggravated by pandemic-related lockdowns. The collapse marked a stratospheric fall from grace for Green, one of Britain's most prominent retail tycoons"

So the retail king Phillip green couldn't make it work with his billions but others are going to make it work from scratch?? To believe that you must be on the crack pipe....

Also there was ready made businesses to buy when it collapsed - fully staffed and fully stocked but gues what?! NOBODY WANTED IT.

Hence boohoo ans asos snapping it all up for pennies minus the staff ans stores.

The problems facing high streets up and down Britain are laid bare by analysis of official data showing the struggles that retailers were already facing before the Covid pandemic

hit.https://www.google.com/amp/s/amp.theguardian.com/business/2020/aug/10/extent-britain-high-street-decline-laid-bare-official-ons-data

Highstreet was failing years before covid..... Its frrrrkd

Exit next summer 350p.

I just added another 18k.

Lol.... Try this....

Very interesting figures above, pre pandemic online shopping rate was 19.7pc then mid pandemic it hit 36.6pc but have now settled at over 28pc.

This is an absolutely massive boost to online spending when put into perspective - it means online retailers revenue will go up by 30 percent against pre covid ....

Try that one pedro....

RE: NO ONLINE TAX in Budget28 Oct 2021 09:24

"Online spending values increased in September 2021 by 0.5% when compared with August 2021, largely because of an increase in department stores sales values (3.8%). The monthly increase in online spending values resulted in a slight increase in the proportion of online sales, which increased to 28.1% in September 2021, from 27.9% in August.

This remains far higher than the proportion of online retail spending in February 2020, before the coronavirus (COVID-19) pandemic, of 19.7%, although it is below the peak pandemic level of 36.6% reached in February 2021."

@@@@@@@@@

Very interesting figures above, pre pandemic online shopping rate was 19.7pc then mid pandemic it hit 36.6pc but have now settled at over 28pc.

This is an absolutely massive boost to online spending when put into perspective - it means online retailers revenue will go up by 30 percent against pre covid ....

When you consider boohoo was comfortably growing above the guided 25 to 30 percent growth per year with online having under 20 percent of shoppers online you then start to realise what's really happening....

Covid has accelerated the move to online shopping....

THIS IS SIGNIFICANT.

No pedro you dont understand.

Nobody knows but we can go by years of stats if we wish to...

The key for me was when all the brands went into administration and any buyers refused to take the stores on board.... These were brands built up over decades as well... Imagine starting off with a new brand trying to succeed when established brands couldn't succeed

Great Britain’s high streets lost more than 17,500 chain store outlets in 2020

https://www.google.com/amp/s/amp.theguardian.com/business/2021/mar/14/great-britain-high-streets-lost-more-than-17500-chain-stores-in-2020-covid

The nail in the coffin for high streets was smart phones.... Internet shopping from laptops was good but now everyone has a smart phone its even easier.....

People can deny it all they want but all the statistics for the last 10 years have mapped out the move to online...

And with all the new acquisitions it's a good time to buy imo....

Simple analogy for you..

If online has 50 percent of the total revenue and and the high street has the other 50 percent - with me me so far?

Stay with me.....

If highstreet then lose 10 percent of sales to online does that mean the total highstreet revenue drops by 10 percent or 20 percent?

Pedro you do no understand percentages do you

This stock is potentially misunderstood by the market, scared off from some recent governance issues.

The financials look good, revenue growth and stable margins in a competitive environment.

Quotation on the junior market holds many investors back. The company should upgrade to London's Main Market.